Sweden'S Laffer Curve: Taxation And The Unobserved Economy
@article{Feige1983SwedenSLC, title={Sweden'S Laffer Curve: Taxation And The Unobserved Economy}, author={E. Feige and R. T. McGee}, journal={Social Science Research Network}, year={1983} }
Recent research on the unobserved economy suggests that the phenomenon has important implications for both macroeconomic policy and public finance. Attention is focused on the public finance implications by developing a simple macro model from which it is possible to derive a Laffer curve. The model reveals that the shape and position of the Laffer curve depend upon the strength of supply side effects, the progressivity of the tax system and the size of the unobserved economy. Using alternative… CONTINUE READING
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